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Mumbai:
Mahindra & Mahindra (M&M) plans to launch its
Scorpio SUV in the Brazilian and Egyptian markets.
While
the company will assemble the Scorpio in Brazil, it will
export knocked-down units to Brazil for local assembly.
The
Mumbai-based automaker has tied up with a local partner
in Egypt to undertake the imports and assembly of the
knocked down kits.
In
Brazil it has tied-up with Bramont as its local Brazilian
partner to assemble annually 5,000 units of the Scorpio,
marking the company''s. This is the company''s second entry
in Latin America after Uruguay, where it assembles the
Bolero.
Tata
Motors also has Latinn American operations in Brazil and
Argentina.
To
celebrate M&M having reached the manufacture of two
million vehicles, it donated two Scorpios to non-governmental
organisations. On the occasion, Keshub Mahindra, chairman,
M&M, said, "We took 50 years to sell the first
million vehicles. The next one million was achieved in
10 years."
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